NEW YORK (Reuters) – Shares in Klaviyo Inc dipped below its $30 initial public offer price on Thursday for the first time since its Sept. 20 trading debut on the New York Stock Exchange.
The stock last traded down 2.2% at $30.00 after touching a low of $29.99 during the session. It has been unable to return to its intraday trading record high of $39.47, reached on its first day of trading.
(Reporting By Sinéad Carew)